Cyprus aims to cut product cost for farmers

Agriculture Minister Nicos Kouyialis said that efforts are underway this year to reduce production costs for farmers, primarily by reducing the cost of electricity, water and grain. The Minister said that the

Anastasiades and Cameron to meet next week

President Nicos Anastasiades will be in London from 14-17 January, where he is scheduled to meet British Prime Minister David Cameron. During his visit to London, the President will give a public

Cyprus to get 33 Green Points by mid-2015

By mid-2015, thirty-three Green Points for the collection of prunings and bulky refuse will have been set up across Cyprus, according to Minister of the Interior Socratis Hasikos. Hasikos, who met on

Cyprus Coops unions agree to salary cuts

Trade Unions SEK and PEO and the management of the recently-nationalised Co-operative financial institutions have reached a preliminary agreement for reductions on payroll costs. SEK representative Eliseos Michael told the Cyprus News

Deposits outflow slows down in November

Deposits in the Cyprus banking system declined by €138.5 mln in November 2013 to €46.17 bln, figures released by the Central Bank of Cyprus show. This is smallest outflow of deposits since

Electricity prices drop down 17.5% in 2013

The Cyprus Electricity Regulatory Authority (CERA) chairman Giorgos Siammas has said that electricity prices were reduced by 17.5% for the average household last year. Speaking to the press on Friday after presenting